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2, Radley Terrace, Newark is recorded publicly as a period freehold house across 785 ft2 of internal area, sitting on a 142 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Radley Terrace, Newark is £195,652 and its rental estimate is £1,079 per month, given the available information and assuming reasonable condition.
Radley Terrace, Halam, Newark, NG22 falls within the NG22 postal district, in the borough of Newark and Sherwood.
2, Radley Terrace, Newark has 41 entries in the Land Registry , most recently in March 2018 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Radley Terrace, Newark, we estimate a market value of £205,434 and a rental value of £1,133 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,956 and £1,003 per month respectively.
Over the last year, 2, Radley Terrace, Newark has seen its estimated sale value decrease by £1,702 (0.9%) and its estimated rental value grow by £35 per month (3.2%). This results in an estimated gross rental yield of 6.6%.
HM Land Registry records the plot of land for 2, Radley Terrace, Newark as measuring 142 m2.
That makes it the 4th largest plot in the postcode, where 6 of the 7 other houses have recorded plot data.
2, Radley Terrace, Newark has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jul 2024.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Radley Terrace, Newark completed on 2nd March 2018 at £167,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 14.9% over the period since March 2018.
Over the past 2 years 3 properties similar to 2, Radley Terrace, Newark have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was 1, Radley Terrace, Newark, NG22 8AB, a freehold house which sold for £185,000.
Read more about house prices in NG22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 7 addresses on Radley Terrace, Halam, Newark, NG22, 2, Radley Terrace, Newark comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £50k less expensive than the average property across the NG22 district.
From 2, Radley Terrace, Newark, the nearest station is Bleasby, 5.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Radley Terrace, Newark, 58.1% of property is privately owned outright and 28.1% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Radley Terrace, Newark, 16.7% of residents are recorded as possessing school level qualifications and 46.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Radley Terrace, Newark, the average age was 45.1 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Radley Terrace, Newark, 1.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Radley Terrace, Newark, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
